“A U.S. CBDC would have advantages over privately issued stablecoins and crypto‐assets, most notably the ability to be backed by the full faith and credit of the U.S. government, like traditional cash, and would provide holders with a degree of safety that may not be offered by privately issued stablecoins because of the risk associated with sponsors’ reserves,” the document said.
Related posts
-
Blockchain For Good Alliance (BGA) Announces Global Hackathon with $100K USD Prize Pool
PRESS RELEASE. In a world increasingly in need of... -
RWA Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found
In the case of this pilot, which ran between June and July, the project created digital... -
Aussie Bank Joins MAS’ Digital Asset Interoperability Project
The Australian financial institution ANZ Bank has joined Project...